The Daily Overview on MSN
Databricks secures new money and locks in a $134B price tag
Databricks has just pulled off one of the defining capital raises of the AI era, securing a multibillion dollar round that ...
TORONTO, Nov 24 (Reuters Breakingviews) - A mooted $130 bln price tag for the firm juggling the machine-learning age’s glut of data is a big premium to prior darling Snowflake. Public markets were ...
Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion valuation ...
Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.
At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...
If you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI ...
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